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Amazon urges Sebi to probe Future Retail

Amazon had challenged the deal to sell FRL assets to Reliance Industries' retail venture. The deal had fallen through after a majority of FRL's secured creditors voted against it. Prior to that, a Reliance unit had taken possession of hundreds of properties where FRL had operated its stores, citing non-payment of rent for the sites it had subleased to the retailer.

from Industry-Economic Times
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